Online Shopping Strategy

When you’re shopping online, prices on everything from toilet paper to TVs could fluctuate several times a day. Dynamic pricing, a strategy that the travel industry has been using for years, is now being used online for many consumer goods. According to a recent article in The Wall Street Journal… “Retailers on Amazon.com changed prices on a Samsung 43-inch plasma television four times over the course of a day, between $398 and $424″, according to price-tracking site Decide.com. Around midday, Best Buy boosted the price to $500 from $400 before dropping it back down, while electronics retailer Newegg in the morning raised its price to $600 from $500.” Basically do your homework on what your buying and you just might stumble across a great discount.